WuXi’s ongoing capacity drive ups planned MA investment to $300m

URLhttps://bioprocessintl.com/bioprocess-insider/glob
SourceBio Process International
Date Published08/24/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name WuXi Biologics
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):235
Country(ies) from which reshored:China
City reshored to:Worcester
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredbiopharmaceuticals
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Proximity to customers/market, covid-19
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